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Tata Power
BSE: 500400NSE: TATAPOWERISIN: INE245A01021

17th-Sep-2019 10:11Source: BSE

Tata Power Company - Announcement under Regulation 30 (LODR)-Diversification / Disinvestment

Khopoli Investments Ltd. (a 100% subsidiary of Tata Power, 'the Company') today announced the execution of a Share Purchase Agreement with Exxaro Resources Ltd. for the divestment of the Company's entire 50% stake in Cennergi, a South African joint venture, for an amount of ZAR 1,550 million (USD 106 million), subject to normal working capital and other adjustments.

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2019-11-08

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